Electric car prototype is built for Africa's rural roads

Tesla Model S priced just under $50K, rest of car still shrouded in mystery

While much of the Tesla Model S is still a mystery wrapped in an enigma wrapped in an inconvenient white cloth, the company has revealed the EV will list for $57,400, which after the $7,500 federal tax credit puts the final price at just a Benjamin under $50,000. That's almost $40,000 less than the Fisher Karma and $10,000 more than the estimated price of Chevy Volt. Of course, we still haven't actually seen the thing, but at least we won't have to wait much longer for that -- the grand unveiling is set for this Thursday at Tesla's design studio.